Accent Group (ASX:AX1) signed a deal to distribute global brands Lacoste and Dickies in the Australian and New Zealand markets, according to a Wednesday filing with the Australian bourse.
The Lacoste deal has an initial term of eight years and will start in 2025 after a transition period with the current distributor, while the Dickies deal with an initial five-year term is set to start in July 2025, the filing said.
The company's shares fell past 3% in recent Wednesday trade.
Price (AUD): $2.26, Change: $-0.078, Percent Change: -3.21%
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